$65,000.00+/month (2) The average salary for a GCB4 is HKD1,300,000 per year in Hong Kong. By the time the official letter was circulated, the reference to those specific layers had disappeared. In HSBC the level of your work is denoted by GCB. They have good level fivepeople who are running things but are not ranked higher because they haven't been around as long as say a commercial banker with 30 years service who doesn't do much. See all GCB4 salaries to learn how this stacks up in the market. The average salary in Hong Kong is HK$382k. Whatsapp/Signal/Telegram also available. The Board aims to promote the Group's long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. Your input helps Glassdoor refine our pay estimates over time. .css-1qxtz39{font-size:12px;}Reported in 2 salaries. Salary Estimate. We enable businesses to More. Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. The next site will open in a new browser window. Check out the latest HSBC Jobs. HSBC Senior Program Manager, GCB4 salaries - 1 salaries reported, HSBC GBM Risk Manager - GCB4 salaries - 1 salaries reported. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does HK$1,145,496 - HK$1,462,314 look to you? Investor information in Chinese - , Shanghai Administration for Industry & Commerce. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. Technically the grades in HSBC varies from region to region and nature of business. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. 03-11-2018, 10:20 AM #6. Generally GCB will be between 1-8 The higher your band the more you work and viseversa. Under the previous titles, group managing directors and group general managers enjoyed perks like first class airline travel and top-notch accommodation in Hong Kong along with big pay rises. How accurate does HKD1,300,000 look to you? It delegates day-to-day management of the business and implementation of strategy to the Group Chief Executive, who is supported by the Group Executive Committee. The national average salary for a GCB4 is HK$1,300,000 in Hong Kong. The national average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by a GCB4 employees. Skip to main content. HSBC currently has four management bands below Group CEO Noel Quinn: group managing director, group general manager, GCB1 and GCB2, where 'GCB' stands for 'Global Career Band.' These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. But getting rid of underperforming senior staff would achieve a similar aim. How much will your HSBC salary be in Hong Kong? This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. GCB4 Salaries in Hong Kong Updated 26 Jun 2022 Low Confidence HK$1M /yr Average Base Pay 2 salaries Not enough reports to show salary distribution HK$1M Low HK$1M High Additional Cash Compensation Average : HK$250,001 Range : HK$1 - HK$500,000 How much does a GCB4 make? Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. Lets pay it forward! Check out the latest GCB4 Jobs or see GCB4 Salaries at other companies. But keep in mind that these amounts are averages, the actual maximum salary is higher, and the real . Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-ld260nln", "fluid": true }. $20,000.00+/month (2) $25,833.33+/month (1) Job Type. The average salary for a Group Senior Manager GCB4 is $84,462 per year in Cliddesden (United Kingdom). Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld25zo0g", "fluid": true }, average salary for a GCB4 is HK$1,300,000 per year in Hong Kong. Endless possibilities, diverse outlooks. The average salary for a Group Senior Manager GCB4 is 70,341 per year in United Kingdom, which is 23% lower than the average HSBC salary of 92,489 per year for this job. HSBC is set to announce who the general managers will be imminently, and they will be formally promoted in September. The salary ranges are quite wide and there are Band 5 with 3-5 years experience at the low end and some with 15+ years experience at the high end. Please be aware that the external site policies, or those of another HSBC Group website, may differ from our website terms and conditions and privacy policy. We comply with the applicable provisions of the UK Corporate Governance Code and the requirements of the Hong Kong Corporate Governance Code. As things stand, the average progression from Analyst to MD is around 15-20 years. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-GB","id": "div-AdSlot-ld25zz5q", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role, average salary for a Group Senior Manager GCB4 is 70,341 per year in United Kingdom. Note: HSBC is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content. The average additional cash compensation for a GCB4 in the Hong Kong is HKD250,001, with a range from HKD1 - HKD500,000. We are continuing to support customers and communities affected by Covid-19 outbreaks in 2022. Average salaries for HSBC Gcb4: [salary]. Group Senior Manager GCB4 salaries at HSBC Holdings can range from 54,899 - 101,472 Find average HSBC salaries shared by 17,003 employees Jobs; . The highest salary for a GCB4 in Hong Kong is HK$1,400,000 per year. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. See if they're hiring! Different options to choose from, very flexible, Group Senior Manager GCB4 Salaries by Location. See if they're hiring! How accurate is this most likely Total Pay range (base + additional) of HK$1M-HK$2M/yr? Contact:sbutcher@efinancialcareers.comin the first instance. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-SG","id": "div-AdSlot-ld260qeb", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. They're trying to make people accountable. When factoring in bonuses and additional compensation, a Group Senior Manager GCB4 at HSBC can expect to make an average total pay of 101,792 per year. Below this, it will keep its existing bands that range from GCB3 to 8, where employees designated 8 are the most junior. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution. The lowest salary for a GCB4 in Hong Kong is HK$1,200,000 per year. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Competitive salary package with stable working hours, 5-day work week. 100,078 Total Pay Average The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Apply to Shipping Coordinator, Marketing Executive, E-commerce Specialist and more! Your input helps Glassdoor refine our pay estimates over time. See if they're hiring! Top HSBC Salaries - By Title . Find thousands of job opportunities by signing up to eFinancialCareers today. The best paid HSBC employees work in South Korea for an average salary of $650,000. - The managing director band will encompass a wide range of roles across layers three to five, said that letter. Salary Estimate. L8 / Principal Engineer. We appreciate you taking the time to give us feedback. The region is primed for growth, despite the gloomy global picture, writes Surendra Rosha. We enable businesses to More. Thank you. The aim of the changes is to create a leaner and more focused, agile and competitive bank said Arden. Band 5 is an Associate / Manager level role. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. Company reviews. GCB4 salaries at HSBC can range from HK$1,145,496-HK$1,462,314. This is the employer's chance to tell you why you should work for them. Ensure compliance of HSBC Bank policy, Global Standards and internal controls. Board of directors. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. We enable businesses to More. Sadly then, it looks like the changes won't make itany easier to become MD at HSBC,unless youre a director whos already doing the job of an MD but without the title. Skip to main content. In 1992 it acquired the Midland Bank, significantly increasing its UK presence. Answer (1 of 2): GCB refers to Global Career Band. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Click here to see the total pay, recent salaries shared and more! Related Searches:All GCB4 Salaries|All HSBC Salaries. Check the HK salary surveys for references. Employee Benefits. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. Total Pay HK$144,000/yr Base Pay Based on 114 SalariesFull Pay Details See salaries from all locations Analyst HK$420,000/yr Avg. To understand what HSBC istrying to do, look upwards, rather than downwards: its an attempt to cut some of the fat (or at least the differentiation in compensation) from the levels above MD. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees. Average salary for HSBC Officer in Hong Kong: HK$18,500. GCB 6 (Manager,Associate manager, etc.) Multiple work locations available across branches in Hong Kong, Kowloon, and New Territories. This estimate is based upon 4 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Senior independent non-executive Director, Group Company Secretary and Chief Governance Officer. You might also be interested in salaries for. Also, in the original internal announcement from the group head of HR Elaine Arden seen by eFinancialCareers, it was suggested that there might be a chance for lower bands to get promoted more quicklyto MD. Average salary for HSBC Gcb4 in Yung Shue Wan: HK$13,00,000. The bank says it is creating a simpler leadership framework that makes it less hierarchical the higher up you go. Under the current structure, an analyst is likely to be a GCB6, an associate would be GCB5, an associate director GCB4 and a director GCB3. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does HK$11,56,884 - HK$14,47,810 look to you? 3 GCB4 Salaries in Hong Kong (Hong Kong) provided anonymously by employees. Company reviews. . You are leaving HSBC.com. Different options to choose from, very flexible, See if they're hiring! It'd be a step backwards. Most HSBC employees using Emolument work in Oman for an average salary of $650,000. Total Pay HK$410,000/yr Base Pay HK$55,000/yr Additional Pay Based on 110 SalariesFull Pay Details See salaries from all locations Senior Manager HK$1,039,999/yr Avg. This estimate is based upon 2 HSBC GCB4 salary report(s) provided by employees or estimated based upon statistical methods. Filter by location to see GCB4 salaries in your area. The estimated base pay is HK$1,300,000 per year. This is the employer's chance to tell you why you should work for them. In future there will be no GCB1s, which was seen as a halfway house between being MD and group general manager. Existing is the crucial word here: the changecould set up a rather different future. Director / Vice President Corporate Finance Team Middle East focus, Associate, Investor Relations (Private Markets), Senior Portfolio Manager, Macro Fixed income, Asset Management, London, Head of Investment Strategy- multi-family office, Banking bonuses: the chart predicting who gets what, Morgan Stanley's unpopular ex-head of tech is a fintech CEO, "I left my job as a Goldman Sachs MD to work in AI", Microsoft layoffs will be welcome in finance, Bonus day at Goldman & JPMorgan: "General disappointment". HK$144,000/yr Avg. HSBC salary trends based on salaries posted anonymously by HSBC employees. HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. The estimated total pay for a GCB4 at HSBC is HK$1,550,001 per year. Find jobs. These have been deemed too unwieldy and HSBC has therefore whittled them down to three, namely: group executive, general manager and managing director. The typical HSBC Group Senior Manager GCB4 salary is 92,489 per year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Not enough reports to show salary distribution, Is this helpful? When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. If you work forHSBC in Hong Kong or anywhere else in the world, youll be aware that the bank has just introduced a whole new career structure, but unpicking what it all means is not straightforward. The lowest salary for a GCB4 in Hong Kong is HKD1,200,000 per year. Instead, there'll just be thenew general manager band sitting right below the group executive committee. The average salary for GCB4 is HKD1,300,000 per year in the Hong Kong. Check out the latest HSBC Jobs, Careers at HSBC Throughout our history we have been where the growth is, connecting customers to opportunities. My career journey with HSBC started in 2019 when I joined the bank . HSBC, the Hong Kong and Shangai Bank, is a bank created in 1865 in Hong Kong. GCB4 salaries at HSBC can range from 75,000 - 106,136 per year. L7 / Senior Staff SWE. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-IN","id": "div-AdSlot-ld25zxie", "fluid": true }, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. See all GCB4 salaries to learn how this stacks up in the market. L4 / SWE III. bad thing is when position is outsourced, benefits transition to a worse progrsm, See if they're hiring! The estimated additional pay is HK$250,001 per year. GCB 5 (Avp, senior mgr, etc.) However it goes like this: GCB 8 (entry level) GCB 7 (Asst mgr.,analyst,SME, etc.) . HSBC currently has four management bands below Group CEO Noel Quinn: group managing director, group general manager, GCB1 and GCB2, where 'GCB' stands for 'Global Career Band.'. Pretty standard - no questions asked and people generally understands the need for it, Standard terms, complying to regulations. Learn more about the HSBC Yung Shue Wan office. This estimate is based upon 10 HSBC Group Senior Manager GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Additional pay could include bonus, stock, commission, profit sharing or tips. Based on 2 salaries posted anonymously by HSBC Gcb4 employees in Hong Kong. GCB4 is far too junior for Senior Manager. 18 days paid annual leave plus additional leave such as marriage, birthday and . It is now headquartered in London, UK, and with $2.67 trillion assets, HSBC is now the 4th largest bank in the world. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Based on 25522 salaries posted anonymously by HSBC Officer employees in Hong Kong. Your input helps Glassdoor refine our pay estimates over time. Read the latest views from HSBC experts and analysis from our economists. It will be interesting to see if it works.. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 101,792 look to you? One former senior banker said: Their whole structure is lop-sided. The Board aims to promote the Groups long-term success, deliver sustainable value to our shareholders, and promote a culture of openness and debate. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Based on 1 salaries posted anonymously by HSBC Accounting Manager employees in Hong Kong. Arden said that under the new structure your contract will remain the same and there will be no negative impact on existing pay of benefits.. The bank says this isnt a cost-cutting move, and a spokesperson said that there will be no change to contractual employee benefits as a result of this change. In other words, if someone doesnt make the cut in the new MD layer, and is effectively down-graded, they won't lose any of their perks. Find salaries. Whileno-one who currently enjoys these perks will lose them, the new structure could allow a reset for people who gain future promotions. Your input helps Glassdoor refine our pay estimates over time. They have an essential part to play in the net zero transition, writes HSBCs Chris Webb. The approximate Glassdoor numbers suggest that analyst-level investment bankers at HSBC in Hong Kong can expect to earn annual base salaries of about HK$695k a year on average, although this would vary depending on whether they are first, second, or third-year analysts. The highest salary for a GCB4 in Hong Kong is HKD1,400,000 per year. My role is to drive adoption and support of key innovation initiatives such as advanced analytics, data science, AI/ML across the Private Bank, with a specific focus on Asia. The typical HSBC Associate Director salary is 100,000 per year.. General manager willcoverroles that are responsible for leading the groups most significant businesses, regions and playing a longer-term role in forming strategy. Check out the latest HSBC Jobs, Learn more about the HSBC Hong Kong office. Trends in wages decreased by -100.0 percent in Q3 2022. ), 2023 eFinancialCareers - All rights reserved, If you work forHSBC in Hong Kong or anywhere else in the world, youll be aware that the bank has just introduced a. Average salary for HSBC Accounting Manager in Hong Kong: HK$420,000. How much does a GCB4 make? When factoring in bonuses and additional compensation, a GCB4 at HSBC can expect to make an average total pay of 100,078 per year. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. HSBC is committed to high standards of corporate governance We have a comprehensive range of policies and systems in place to ensure that the bank is well-managed, with effective oversight and control. Its fair to assume that Matthew Ginsburg, the newly-appointed global co-head Capital Financing and Investment Banking Coverage unit will be one. 457. Under the new definition, Greg Guyett, chief executive of global banking, would presumably slot into the group executive bracket while sector heads will fall under the definition of MDs if theyre not already. L5 / Senior SWE. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by GCB4 employees in the Hong Kong. The information provided is from their perspective. coverage is good and timely. Filter by location to see a GCB4 salaries in your area. As part of the changes,all HSBC'semployees in GCB2 will automatically be renamed managing director in March 2022. This estimate is based upon 4 HSBC GCB4 salary report (s) provided by employees or estimated based upon statistical methods. Create your profile. GCB 4 (VP etc.) Browse Back Office vacancies on a Contract bases now on Jobsite. How accurate does HK$1,145,496 - HK$1,462,314 look to you. Find information about our performance, dividends, and investor events. The average salary for a GCB4 is HK$1,300,000 per year in Hong Kong, which is 16% lower than the average HSBC salary of HK$1,550,001 per year for this job. . Learn more about the HSBC Hong Kong office. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. An employee working in Hong Kong receives an average monthly salary of 36,000 HKD (around USD 4,684 ). L6 / Staff SWE. Average salary for HSBC Gcb4 in Hong Kong: HK$1,300,000. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 100,078 look to you? Check out the latest HSBC Jobs. 5 Amazon Delivery jobs available in Sandy Bay, Hong Kong Island on Indeed.com. Your input helps Glassdoor refine our pay estimates over time. Having been at HSBC for two years and seen a number of people jump ship from consulting to perm, I'd say the equivalents are: Analyst / Consultant = GCB5 Senior Consultant = GCB4 Manager / Senior Manager = GCB3 Partner = GCB2 to GCB0 Like Share 3 3Y a Manager 1 This is the employer's chance to tell you why you should work for them. Jonathan Scott-Lee reflects on the opportunity to increase businesses diversity of thought. It delegates day-to-day management of the business and implementation of strategy to the Group Chief Executive, who is supported by the Group Executive Committee. Thats no bad thing. L9 / Distinguished Engineer. How accurate does HK$1,300,000 look to you?
How Many Cyclones Have Hit Rockhampton,
How To Make Nuke In Minecraft Education Edition,
Where Was John Walker Born,
Hoobro Customer Service,
Articles H